Anwar Expresses Gratitude As Ringgit Hits Strongest Level In Over Seven Years

PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.

Bursa Malaysia Opens Higher On Foreign Fund Buying

KUALA LUMPUR, Jan 26 -- Bursa Malaysia opened higher on Monday, extending gains from last week, as foreign funds continued to snap up local shares, reflecting sustained external confidence in the Malaysian market. 

Ringgit Opens At More Than Seven-Year High On Steady OPR

KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.

QL Resources To Develop RM1.3 Bln Food Manufacturing Hub In Perak

BAGAN DATUK, Jan 25 (Bernama) -- Agro-based food manufacturer QL Resources Bhd is creating a food manufacturing hub, QL Innofood Park, through a strategic investment of RM1.3 billion.

ManageEngine To Open Data Centre In Asean This Year

CHENNAI, Jan 25 (Bernama) -- Zoho Corporation's IT division ManageEngine is planning to open a data centre in the ASEAN region this year.

Ringgit's Performance Among The Best In Asia Due To Good Governance - PM Anwar

BUKIT MERTAJAM, Jan 24 (Bernama) -- The ringgit’s performance, now among the best in Asia, proves the effectiveness of good governance policies, political stability, and investor confidence in the country’s economic direction.

CIMB Islamic To Channel RM20 Mln Into Conservation Efforts Via EcoSave-i

KUALA LUMPUR, Jan 24 (Bernama) -- CIMB Islamic Bank Bhd has committed RM20 million over the next five years to support environmental conservation initiatives through its EcoSave-i programme, Malaysia’s first environmentally focused Islamic savings account.

TUI Blue Makes Malaysian Debut In Strategic Haven Resort Partnership

IPOH, Jan 24 (Bernama) -- Flagship hotel brand TUI Blue marked its entry into the Malaysian tourism sector through a strategic partnership with The Haven Resort Sdn Bhd, establishing one of Ipoh's international hotel-branded resorts. 

Austrian Firms Looking To Expand Hydropower Cooperation In Malaysia

KUALA LUMPUR, Jan 24 (Bernama) -- Austrian companies are keen to expand cooperation in hydropower development with Malaysia, offering advanced technology and expertise to support Putrajaya’s ambitious renewable energy (RE) goals and to meet rising electricity demand from sectors such as data centres.

Gold Futures Likely To Trade Lower Next Week Amid Profit-taking Activities

KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid profit-taking activities following easing geopolitical tensions.

Rubber Market Expected To Move Sideways Next Week 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Jan 24 (Bernama) -- The rubber market is expected to move sideways next week as buying is limited to immediate needs and replenishment, according to industry expert Denis Low.

Ringgit Likely To Trade Higher Next Week, Aiming To Breach 4.00-Mark Again

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week.